Traffic Management Market worth $72.5 billion by 2028
According to a research report “Traffic Management Market by Component (Hardware, Solutions (Route guidance & optimization, Smart Signaling, Traffic Analytics), Services), System (UTMC, ATCS, JTMS, DTMS), Areas of Application and Region – Global Forecast to 2028″ published by MarketsandMarkets, the Traffic Management Market is expected to reach USD 72.5 billion...
Traffic Management Market Analysis by Key Players, End Users, Technologies, Growth & Forecast 2027
The global Traffic Management Market size is projected to grow from USD 38.2 billion in 2022 to USD 68.8 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% during the forecast period, according to MarketsandMarkets
Browse in-depth TOC on “Traffic Management Market”351 – Tables56 – Figures304 – Pages
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Traffic Management Market Size, Global Industry Applications and 2018-2024 Forecasts
According to the new market research report “ Traffic Management Market by Solution (Smart Signaling, Route Guidance and Route Optimization, Traffic Analytics, and Smart Surveillance), Hardware (Display Boards, Sensors, and Surveillance Cameras), Service, System and Region – Global Forecast to 2024″, published by MarketsandMarkets, the global traffic management market...
Traffic Management Market Driven by Increasing Demand for Systematic Approach
Traffic has always been a cause of concern for cities and metropolitan areas of developed countries. The problem is also growing in the developing countries of the world as well. Socioeconomic development of different third world countries like China, India, Brazil, South Africa and such other countries have given way to problems like traffic congestion and mismanagement of parking and traffic facilities....